REGISTERED NUMBER: |
Atelier Premiere London Ltd |
Audited Financial Statements |
for the Year Ended 31st December 2023 |
REGISTERED NUMBER: |
Atelier Premiere London Ltd |
Audited Financial Statements |
for the Year Ended 31st December 2023 |
Atelier Premiere London Ltd (Registered number: 08846661) |
Contents of the Financial Statements |
for the Year Ended 31st December 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Atelier Premiere London Ltd |
Company Information |
for the Year Ended 31st December 2023 |
Directors: |
Registered office: |
Registered number: |
Auditors: |
Accountants & Statutory Auditor |
4th Floor |
100 Fenchurch Street |
London |
EC3M 5JD |
Accountant: |
4th Floor |
100 Fenchurch Street |
London |
EC3M 5JD |
Atelier Premiere London Ltd (Registered number: 08846661) |
Statement of Financial Position |
31st December 2023 |
2023 | 2022 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
7 |
Net assets |
Capital and reserves |
Called up share capital |
Retained earnings |
Shareholders' funds |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Atelier Premiere London Ltd (Registered number: 08846661) |
Notes to the Financial Statements |
for the Year Ended 31st December 2023 |
1. | Statutory information |
Atelier Premiere London Ltd is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | Accounting policies |
Basis of preparing the financial statements |
Preparation of consolidated financial statements |
The financial statements contain information about Atelier Premiere London Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Ateliers de France SAS, 12, rue du Parc Royal, 75003, Paris. |
Judgements and key sources of estimation uncertainty |
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable. |
Tangible fixed assets |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Atelier Premiere London Ltd (Registered number: 08846661) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2023 |
2. | Accounting policies - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Fixed asset investments |
Investments (neither listed nor unlisted) were as follows: |
2023 | 2022 |
£ | £ |
Investments in subsidiaries | 2,585,194 | 2,585,194 |
The company's investments at the Statement of Financial Position date in the share capital of companies include the following: |
Registered office: 27 Kelso Place, London, W8 5QG |
Nature of business: |
% |
Class of shares: | holding |
5. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Amounts owed by group undertakings |
Other debtors |
6. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Other creditors |
Atelier Premiere London Ltd (Registered number: 08846661) |
Notes to the Financial Statements - continued |
for the Year Ended 31st December 2023 |
7. | Creditors: amounts falling due after more than one year |
2023 | 2022 |
£ | £ |
Amounts owed to group undertakings |
8. | Disclosure under Section 444(5B) of the Companies Act 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | Ultimate controlling party |
The immediate parent company was Groupe Meriguet SAS, a company incorporated in France, owning 90% of the share capital. |
The ultimate parent company is Ateliers de France SAS, a company incorporated in France. |
Consolidated accounts are prepared and available from Ateliers de France SAS, 12, rue du Parc Royal, 75003, Paris. |
The directors consider there is no one ultimate controlling party. |